Egypt, Japan Sign $234m Agreements to Support Fiscal Policy, Structural Reforms

Egypt and Japan have solidified their longstanding partnership with the signing of three new agreements worth $234 million. The agreements, signed by Egypt’s Minister of Planning and Economic Development and International Cooperation, Rania Al-Mashat, and Japan’s State Minister for Foreign Affairs, Fuji Hisaoyuki, underscore 70 years of development cooperation between the two nations.

The agreements include a $230 million concessional development loan, equivalent to 35 billion Japanese yen, aimed…